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Cosette Pharmaceuticals Announces FDA Approval of EVOXAC® (cevimeline HCl) Oral Solution, Marking Cosette’s First New Drug Application (NDA) Approval

$HLNEPress releaseOct 20, 2026, 8:11 AM ETRead the release

Cosette Pharmaceuticals, a private specialty pharma company backed by Avista Healthcare Partners and funds managed by Hamilton Lane (Nasdaq: HLNE), received FDA approval for EVOXAC (cevimeline HCl) oral solution to treat dry mouth in adults with Sjögren's disease. This is Cosette's first NDA approval, achieved via a streamlined pathway relying on existing safety and efficacy data for its already-approved EVOXAC capsules, avoiding a full clinical program. The product is expected to be commercially available in the U.S. by the end of 2026.

Key figures

Drug Name
EVOXAC (cevimeline HCl) oral solution
Cosette employees
350+
Sjogrens us patients
approximately four million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.

    HLNE: Cosette Pharmaceuticals Announces FDA Approval of EVOXAC® (cevimeline HCl) Oral Solution, Marking Cosette’s First New Drug Application (NDA) Approval — AI Analysis | Signal8